Tesla reports biggest revenue slide since 2012, announces renewed push for affordable model


by CNBC

CNBC— Tesla reported a 9% drop in revenue in the first quarter, the steepest year-over-year decline since 2012. The company's stock price is down...

The Independent—Elon Musk promises ‘more affordable models’ as Tesla revenue faces biggest drop since 2012. Cheaper vehicles could be stripped-down versions of older models

Carscoops—Tesla Posts Largest Revenue Dip Since 2012, Yet Shares Surge On 'Affordable Model' News. Whether this ends up as a blip on the radar or the start of a downward trend is unclear

The Guardian—Tesla sees biggest revenue drop since 2012 but company shares still surge. Shares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expected.